Orbit International Corp (ORBT)

$ORBT Getting loaded. Interesting. ATER is close to its major breakout and algos switch. 1.75$ will give us 2$-2.50$. Crucial news yesterday with LATAM expansion. Analyst price target 8$ in April. No dilution + share repurchase program⏳🚀

I found you a Three White Soldiers Candle Pattern on the daily chart of Orbit International Corporation. $ORBT #ThreeWhiteSoldiers #PINK

$ORBT Orbit International reports Q1 EPS (22c) vs. (33c) last year Reports Q1 revenue $6.2M vs. $5.2M last year. David Goldman, Chief Financial Officer, noted, "At March 31, 2024, our cash and cash equivalents aggregated approximately $1.8 million and our financial condition continued to remain solid as evidenced by our 3.3 to 1 current ratio. Our book value per share at March 31, 2024 was $5.30, which compares to $5.54 at December 31, 2023. To offset future federal and state taxes resulting from profits, we have approximately $3.9 million and $0.5 million in available federal and New York State net operating loss carryforwards, respectively."

$ORBT Uranium prices are on the rise, and STLNF stands to gain. Long-term hold for me.

$ORBT Orbit International reports Q4 EPS 22c vs. 6c last year Reports Q4 revenue $7.5M vs. $4.96M last year. Mitchell Binder, President and CEO of Orbit International Corp. commented, "The completion of our audit for the year ended December 31, 2022, was delayed as additional time was needed by the Company to complete the purchase price allocation of the net assets acquired and corresponding ending inventory of our recently acquired SPS subsidiary. As a result, our financial statement audit and the filing of our 2022 Annual Report with the OTC Market was also delayed. On May 16, 2023, our stock was moved from the OTC Pink Market to the OTC Expert Market, an illiquid market. Our audit is now complete, and we have also recently filed our 2022 Annual Report on March 11, 2024 with the OTC Market. Consequently, we are moving toward reinstatement onto the OTC Pink Market."

$ORBT Orbit International reports bookings for January in excess of $1.5M Orbit International announced that its Electronics Group reported bookings for the month of January 2024 in excess of $1,500,000. Deliveries for the January 2024 orders have already commenced and are expected to continue through the first quarter of 2026. In addition, the OEG also reported that it received a more than $1.6 million order in February 2024 from a large defense contractor. The order is for a product used on a significant aircraft program for the U.S. Navy. Deliveries for this award will commence in the fourth quarter of 2024 and continue through the third quarter of 2025. Mitchell Binder, President and CEO of Orbit International commented, "We are pleased to report that bookings for our OEG for the month of January 2024 were in excess of $1,500,000 with the majority of our bookings for the month coming from our Simulator Products Solutions subsidiary...."

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$ORBT Orbit International Reports Consolidated Bookings for October 2023 in Excess of $3,650,000 https://www.stocktitan.net/news/ORBT/orbit-international-reports-consolidated-bookings-for-october-2023-vh7qwgcdar8h.html

$ORBT Company Announces Cash Dividend of $0.01 Per Common Share for the Third Quarter of 2023 https://www.stocktitan.net/news/ORBT/company-announces-cash-dividend-of-0-01-per-common-share-for-the-jo429tp9mrks.html #dividends